tomo logo

$600,000

Beds
3
Baths
3.0
sq ft
2,427

716 Preservation Ln, Mckinney, TX 75069

716 Preservation Ln

McKinney, TX 75069

  • 3 days on market
    • Open house Feb 23
OPEN HOUSE ON SATURDAY THE 22ND AND SUNDAY THE 23RD, 1-3PM. Welcome to this custom built, 2 story Cambridge Home nestled in the charming Chapel Hill neighborhood. A prime corner lot location overlooking Warden Creek, a hiking and biking trail and greenbelt, and with a front porch made for sitting outside, this home boasts a serene atmosphere and picturesque views of nature. Meticulously maintained, the home offers a blend of elegance and functionality. The first floor has a large dining area, a kitchen with breakfast nook and a walk in pantry, a den with fireplace, a large primary bedroom with ensuite and a MASSIVE (17x10) walk through closet with direct access to the laundry room. The second floor has two extra large bedrooms, a full bath and media room. This home, while almost 2500sf, still feels warm and inviting. Making this home unique to the neighborhood is the oversized size side yard, perfect for children or energetic pets. Chapel Hill is a 151-patio home infill community in McKinney that provides direct pedestrian connection to the thriving historic residential district and vibrant downtown square where you can find unique shops, cafés, wine bars and the restored former courthouse turned McKinney Performing Arts Center. The beautifully landscaped community parks, woodland hike and bike trail, and front lawns are maintained for your convenience by the homeowners association. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer & Buyer's Agent to verify square footage, measurements, schools, tax, etc.

Details

Property type

Single Family Residence

Est. home value

$565,449

Lot size

6,534 sq ft

Price per sq ft

$248

Year built

2010

Annual property taxes

$8,641

HOA fee

$788

Price History

02/20/2025
NTREIS

NTREIS #20814690

Listed
$600,000
12/15/2021
NTREIS

NTREIS #14673019

Removed

Schools & Community

Elementary school: 

Davis Malvern

Middle school: 

Dr Jack Cockrill

High school: 

Mckinney

School district: 

McKinney ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$144,834
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$407,166
Cash to seller
$144,834

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2021

Original loan amount

$490,000

Est. remaining balance

$407,166

Interest rate

2.37%

Loan type

New Conventional, 16 year

Seller

Paul A Clowe and Karen B Clowe

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 5:45 AM

Listing updated: 02/22/2025 at 3:08 PM

Listed by: Shelly Nutt, Monument Realty Phone #: (214) 705-7827

MLS: NTREIS #20814690

NTREIS logo

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